Bunzl buys Tillman to expand US safety business
Distribution group Bunzl has expanded its safety business in North America with the acquisition of California-based Blake H Brown, which trades as Tillman.
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Tillman sells a variety of personal protection equipment, mainly gloves, to distributors in the welding and industrial sectors.
The deal was agreed at the end of December and completed at the start of January.
Bunzl’s chief executive Michael Roney said the deal “is another important development for the group's safety business” in the States.
“Including Tillman, the committed acquisition spend in respect of businesses acquired or agreed to be acquired during 2014 is approximately £210m and the current environment for acquisitions continues to be positive,” he said.